{"id":3914,"date":"2024-12-08T19:19:58","date_gmt":"2024-12-08T19:19:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3914"},"modified":"2024-12-08T19:19:58","modified_gmt":"2024-12-08T19:19:58","slug":"msnbcs-hayes-proposed-bill-could-transfer-100b-from-taxpayers-to-bitcoin-owners","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3914","title":{"rendered":"MSNBC&#8217;s Hayes: Proposed Bill Could Transfer $100B From Taxpayers To Bitcoin Owners"},"content":{"rendered":"<div>\n<p>On a recent episode of MSNBC\u2019s All In, host\u00a0<strong>Chris Hayes<\/strong>\u00a0said that a Senate bill could potentially result in a $100 billion transfer from taxpayers to Bitcoin owners.<\/p>\n<p><strong>What Happened<\/strong>: The <a href=\"https:\/\/www.congress.gov\/bill\/118th-congress\/senate-bill\/4912\/all-info\">bill<\/a>, proposed by Sen.\u00a0<strong>Cynthia Lummis<\/strong>\u00a0(R-Wyo.), calls for the U.S. Treasury to acquire one million Bitcoins over a span of five years, with a holding period of at least 20 years.<\/p>\n<p>Given the current Bitcoin trading price of $100,000, this acquisition would amount to $100 billion.<\/p>\n<p>Hayes <a href=\"https:\/\/www.youtube.com\/watch?v=qWANiC28M8o&amp;t=5s\">drew<\/a> attention to the fact that Republican lawmakers have received substantial campaign contributions from cryptocurrency advocates,\u00a0who are now looking to\u00a0reap the benefits of their investment.<\/p>\n<p>&#8220;They want a bailout \u2013 implicit or explicit \u2013 if the house of cards crashes down. To that end, after Republicans took back the Senate with the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42380711\/msnbcs-hayes-says-proposed-bill-could-transfer-100b-to-bitcoin-owners\" alt=\"MSNBC's\" hayes: proposed bill could transfer from taxpayers to bitcoin owners>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>On a recent episode of MSNBC\u2019s All In, host\u00a0Chris Hayes\u00a0said that a Senate bill could potentially result in a $100 billion transfer from taxpayers to Bitcoin owners. What Happened: The bill, proposed by Sen.\u00a0Cynthia Lummis\u00a0(R-Wyo.), calls for the U.S. Treasury to acquire one million Bitcoins over a span of five years, with a holding period [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3914","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3914"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3914\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}